About your Search

20130318
20130326
Search Results 0 to 2 of about 3 (some duplicates have been removed)
but the statement about that president bush added $4 trillion of debt in eight years, we have added $6 trillion of debt in four years. so we are at a very critical path and what is difficult for people to understand is the acceleration of interest payments. the president's perspective is as long as we can make our interest payments we are doing fine but the challenge is right now we pay $224 billion a year just in interest. cpo estimates within ten years we will pay $857 billion in interest. that is more than we paid for the entire war in afghanistan across 12 years. we will pay in one year just in interest payments within ten years. this is very serious. we do have to deal with this. >> mike: you told the president a story right out of the bible in your meeting with him. i'm not sure if he totally understood it. the story of king hezekiah. tell us how that related to washington's situation today. >> the clearest example of what is happening in washington today is hezekiah. a great king was very respected. led jerusalem, judah and helped protect the nation for that time but at the end of his te
and balancing our budget and back within our means and the statement that president bush added 4 trillion in eight years, we're 6 trillion. and what people don't understand is the acceleration of interest payments. the president says as long as we make the interest payments we're doing fine. the challenge right now 224 billion dollars a year in interest. cbo estimates within ten years, 857 billion dollars in interest. that's more than we paid for the entour war in afghanistan in 12 years, and this is just within ten years. this is very serious and we have to deal with it. >> you told the president a story out of the bible in your meeting with him. i'm not sure if i totally understood. the story of king hezakiah, tell us what you told him and how it related to washington today? >> i think the clearest example in the scripture, was king hezakiah, was respected and helped to protect the nation at that time. at theened of his time as king he did some pretty foolish things that set up the nation to collapse after that. isaiah comes and confronts him, it will cost captivity of the nation and do
Search Results 0 to 2 of about 3 (some duplicates have been removed)